TDPE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TDPE
Largest movements
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Cash +€220,882
up €220,882 (+124%), from €178,142 to €399,024
mainly Current investments (+€250,000) and Depreciation (+€2,087)
- Reserves -€21,311
down €21,311 (-5.8%), from €368,638 to €347,326
of which Distributable reserves: -€19,451
- Gross operating margin -€20,208
down €20,208 (-490%), from -€4,126 to -€24,334
- Financial income +€5,889
up €5,889 (+491%), from €1,198 to €7,087
- Other operating charges +€622
up €622 (+58.3%), from €1,068 to €1,690
- Taxes +€359
no longer reported in 2025 (was -€359)
- Depreciation +€247
up €247 (+13.4%), from €1,840 to €2,087
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,171 | €417,133 | -€27,038 | -6.1% |
| Fixed assets | 21/28 | €6,670 | €6,615 | -€55 | -0.8% |
| Tangible fixed assets | 22/27 | €4,017 | €3,962 | -€55 | -1.4% |
| Plant, machinery and equipment | 23 | €2,107 | €2,331 | +€224 | +10.6% |
| Other tangible fixed assets | 26 | €1,909 | €1,630 | -€279 | -14.6% |
| Financial fixed assets | 28 | €2,653 | €2,653 | = | 0.0% |
| Current assets | 29/58 | €437,501 | €410,518 | -€26,983 | -6.2% |
| Amounts receivable within one year | 40/41 | €7,931 | €9,107 | +€1,176 | +14.8% |
| Trade receivables | 40 | €637 | - | -€637 | |
| Other amounts receivable | 41 | €7,294 | €9,107 | +€1,813 | +24.9% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €178,142 | €399,024 | +€220,882 | +124% |
| Deferred charges and accrued income | 490/1 | €1,428 | €2,387 | +€959 | +67.1% |
| Total equity and liabilities | 10/49 | €444,171 | €417,133 | -€27,038 | -6.1% |
| Equity | 10/15 | €374,838 | €353,526 | -€21,311 | -5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €368,638 | €347,326 | -€21,311 | -5.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €366,778 | €347,326 | -€19,451 | -5.3% |
| Amounts payable | 17/49 | €69,334 | €63,607 | -€5,727 | -8.3% |
| Amounts payable within one year | 42/48 | €69,334 | €63,607 | -€5,727 | -8.3% |
| Trade debts | 44 | €975 | €26 | -€950 | -97.4% |
| Suppliers | 440/4 | €975 | €26 | -€950 | -97.4% |
| Taxes, remuneration and social security | 45 | €848 | - | -€848 | |
| Taxes | 450/3 | €848 | - | -€848 | |
| Other amounts payable | 47/48 | €67,511 | €63,582 | -€3,929 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,840 | €2,087 | +€247 | +13.4% |
| Other operating charges | 640/8 | €1,068 | €1,690 | +€622 | +58.3% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | -€4,126 | -€24,334 | -€20,208 | -490% |
| Operating profit (loss) | 9901 | -€7,034 | -€28,111 | -€21,077 | -300% |
| Financial income | 75/76B | €1,198 | €7,087 | +€5,889 | +491% |
| Recurring financial income | 75 | €1,198 | €7,087 | +€5,889 | +491% |
| Financial charges | 65/66B | €164 | €287 | +€123 | +75.2% |
| Recurring financial charges | 65 | €164 | €287 | +€123 | +75.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,000 | -€21,311 | -€15,312 | -255% |
| Income taxes | 67/77 | -€359 | - | +€359 | |
| Profit (loss) for the period | 9904 | -€5,640 | -€21,311 | -€15,671 | -278% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,640 | -€21,311 | -€15,671 | -278% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.